bnpl

Protect me from what I want

Buy now, pay later is an alluring option for consumers. But with rising debt and inflation, perhaps the focus should be on companies that help protect borrowers from digging themselves into a hole.

Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The investors co-led the fintech’s Series B extension round

OatFi secures capital to power BNPL services for SMBs

The buy now, pay later (BNPL) market was once seen as a bulletproof investment, given the meteoric rise of players like Klarna and Afterpay during the pandemic. But increased scrutiny over the busines

Varo’s bank charter milestone, more corporate cards and BNPL under a microscope

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CFPB signals that regulation is coming for BNPL

In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna and Afterpay, which

Ratio bags $411M in equity, credit for flexible subscription payment models

Ratio makes the discounts unnecessary by giving SaaS companies capital upfront so they can offer customers more flexible payment options.

Lease-to-own fintech startup Kafene raises $18M to battle BNPL

Kafene, a lease-to-own startup aimed at underbanked consumers who don’t have access to traditional credit, raised $18 million in a Series B funding round. While there are similarities to the buy now

Klarna, Affirm show how expensive fintech growth can be

Why are Klarna and Affirm worth as much as they are, given that they are unprofitable, cash-consuming businesses seemingly unable to generate corporate net income off of consumer lending despite a pre

Kenyan agtech iProcure raises $10.2M to grow its input supply network

The shortage of agricultural inputs like fertilizer, unpredictable prices and the proliferation of substandard products into markets are some of the biggest challenges for Kenya’s agricultural secto

Play now, pay later: Halliday bags $6M seed round led by a16z

Blockchain-based games have seen a surge in popularity, but playing them is getting expensive. Play-to-earn games like StepN require players to purchase an NFT before they can participate, while other

Kontempo lands fresh capital amid the boom for B2B BNPL

Kontempo, a startup offering buy now, pay later (BNPL) and interest-free installment plans to business-to-business (B2B) customers, today announced that it raised a $30 million seed round in a mix of

Fairbanc provides BNPL for micro-merchants in Indonesia

“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in Singapore but f

Now that Klarna has a new valuation, is Affirm cheap?

Klarna’s announcement that its long-expected funding round has come to a close brought with it one of the steepest valuation resets in memory, at least as far as operating businesses are concern

Klarna confirms $800M raise as valuation drops 85% to $6.7B

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as

Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’

In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding that would slash its valuation to $6.5 billion — about 1/7 of what the compan

Fintech Kasheesh wants financially strained customers to say ‘bye’ to BNPL

Buy now, pay later (BNPL) products have become incredibly popular with users, and both startups and tech behemoths such as Apple have taken notice. But BNPL companies have attracted some controversy,

UK-based Playter closes $55M round for its BNPL platform aimed at SMEs

Europe has no shortage of buy now, pay later startups and a quick search is revealing. Berlin-based fintech startup Mondu has taken in €39.9 million to expand its B2B BNPL solution. Madrid’s RITMO

A second wave of consumer BNPL startups is taking the model to new markets

While these services could help consumers access pricey necessities — in the case of health or childcare — is it really a good idea for consumers to start paying off even more in installments?

Fintech’s fever can’t make up its mind

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to

Klarna’s potential valuation cut to $15B appears sufficiently steep

The Wall Street Journal recently reported that Klarna, a European buy now, pay later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a dram
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